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5 Bed, Professional Property Investment. Maygreen Project Walkthrough:
Project Location: Walkden Road, Manchester
THE NUMBERS:
Purchase Price (incl. all costs): £142,000
Refurb Cost: £35,000
End Value Post Refurb: £240,000
Monthly Rental Income: £2,600
Monthly Expenses: £1,220
(Mortgage, Bills, MGMT Fee, 10%MOE)
Monthly Profit: £1,380
This video is a complete walkthrough of one of our HMO properties. Take a walk around this 5 bedroom, 3 ensuite house share in Walkden, Manchester.
The property was fully refurbished to our usual high specification. The refurbishment process took around 8 weeks, and we had tenants moving in within 3 weeks of completion.
Property development isn't easy but we had so much fun playing with interiors. From creating the designs in house, mixing and matching colours, building furniture and putting the finishing touches together. We had a busy but productive final week! We are proud to share this with you.
The hard work paid off, we have an amazing place for our tenants to live and made we made money for our investors along the way.
If you want to learn more about our property investment projects or how to partner with us, get in touch (hello@maygreengroup.com) and we’ll see how we can help.
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